@article{4e8f1acad7fa45aa83f48060dcb54ee6,
title = "Modeling and testing the diffusion of expectations: An EITM approach",
keywords = "Asymmetric information diffusion, Empirical implications of theoretical models, Inflation expectations",
author = "Melody Lo",
note = "This paper uses the empirical implications of theoretical models (EITM) framework to examine the consequences of the asymmetric diffusion of expectations. In the spirit of the traditional two-step flow model of communication, less-informed agents learn the expectations of more-informed agents. We find that when there is misinterpretation in the information acquisition process, a boomerang effect exists.",
year = "2011",
month = sep,
doi = "10.1016/j.electstud.2010.11.003",
language = "English",
volume = "30",
pages = "389--398",
journal = "Electoral Studies",
issn = "0261-3794",
number = "3",
}